Livingstone advised DING Group on its acquisition of Triopt Group
Livingstone advised Deutsche Infrastruktur und Netzgesellschaft mbH (DING-Group), a portfolio company of the DBAG Expansion Capital Fund (DBAG ECF), on the add-on acquisition of Triopt Group.
The Triopt Group, headquartered in Moers, Germany, is a technical service provider and specialist for the planning, implementation and optimization of radio and landline networks, including 5G networks. In addition, Triopt plans, builds, and installs fiber optic networks at network levels 2 and 3.
The Triopt Group includes the four subsidiaries Triopt GmbH, Tripro GmbH, Triopt-Bau GmbH, and Trijobs GmbH. A total of around 250 employees work at the headquarters in Moers and the site in Goch. As a service and full-service provider with a focus on mobile network expansion, Triopt offers services ranging from consulting, planning and optimization, inspections, cost calculations and construction coordination to radio network optimization for events and the construction and expansion of 5G campus networks.
Christoph Lüthe, Managing Director of the DING Group, explains: “Fiber optic infrastructures are the basis for the connection, operation, and densification of radio networks of all kinds up to 5G. The Triopt Group’s know-how and proven competencies in radio and landline networks perfectly complement our portfolio in the important area of the two infrastructures, fiber optics, and mobile communications. This not only strengthens our nationwide position as a leading service provider and general contractor for telecommunications and energy infrastructures but also enables us to open new opportunities in the mobile communications business area. In addition, this is another important step on our way to becoming the nationwide market leader in the industry.”
The DING Group, based in Bochum, is one of Germany’s leading service- and general contractors and covers the entire value chain in the fiber optics sector, from planning to construction, operation and leasing of dark fiber networks. As a general contractor and solution provider, the Company executes projects of all sizes throughout Germany with a strong regional focus. The listed private equity company Deutsche Beteiligungs AG (DBAG), is a financially strong shareholder and partner with a history of more than 50 years.
“With the Triopt Group, we were able to realize the seventh acquisition within 20 months for the DING Group alone by specifically contributing our expertise in the telecommunications sector to this strategic expansion of their already existing service portfolio,” added Johannes Faber, responsible partner for the project at Livingstone in Düsseldorf. “We would like to thank the DING management and the main shareholder Deutsche Beteiligungs AG for their trust in us. We have now advised a total of ten transactions in 24 months in the field of broadband expansion for the Company.”
The seven portfolio companies of the DING Group that are sustainably established in the industry include the STG Group, Leinberger Bau, ISKA Schön, IMD, Reinhard Rohrbau, the Bergert Group and the Triopt Group. Each of these are considered industry leaders in their region and stand for professional competence, long-standing market expertise and experience in their service areas. The Livingstone deal team Telecommunications and Infrastructure around Christian Grandin and Johannes Faber is particularly pleased to successfully accompany the management of the DING Group and DBAG as investor in the development of this family of companies.
Key Transaction Team
Frederik SchreursAssociate Director